Bloomberg Arvind Kejriwal, the chief minister of Delhi, declared no flights — domestic or international — will be allowed to land in the Indian capital’s main airport from 6 am on Monday. Hours after that deadline passed, dozens of planes have been operating from the Indira Gandhi International Airport. That’s because PM Narendra Modi’s administration overturned the ban, with the ...
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March, 2020
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23 March
Primark closes all stores due to coronavirus spread
Bloomberg Primark, the budget fashion chain owned by Associated British (AB) Foods Plc, has closed every store it operates due to the spread of the coronavirus, which will lead to a loss of 650 million pounds ($760 million) for each month the shops are shut. Primark had closed 20% of its selling space as of March 16, and on March ...
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22 March
China’s economy to return fast to potential growth: PBOC
Bloomberg China’s economy will swiftly return to its potential growth rate and there’ll be significant improvement in the coming three months, a senior central bank official said on Sunday. “Economic indicators will likely show significant improvement in the second quarter and the Chinese economy will return to potential output level rather swiftly,†People’s Bank of China Deputy Governor Chen Yulu ...
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22 March
Sharjah lists $200mn sukuk on Nasdaq Dubai
DUBAI / WAM The emirate of Sharjah has listed a $200 million sukuk on Nasdaq Dubai, bringing the total value of sukuk listed in Dubai to $67.06 billion. Nasdaq Dubai’s new sukuk listings in 2020 now total $2.9 billion. Its new sukuk listings in all of 2019 totalled $14.15 billion, an annual record high for exchange and 18 percent more ...
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22 March
Dubai Chamber to support public – private partnerships
DUBAI / WAM The Dubai Chamber of Commerce and Industry (DCCI) reinforced its role as the representative of the business community in the midst of current global challenges by strengthening its partnerships with its partners, including the Ministry of Economy and other government authorities. The most recent of these efforts was the meeting between its members, who are major fruit ...
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22 March
Etihad’s Beijing flights to briefly stop in Xi’an
Abu Dhabi / WAM Etihad Airways has announced that effective from March 22, its services to Beijing will stop in the city of Xi’an, where passengers will disembark for health screening, customs clearance, and to claim their baggage. “This procedure is likely to be lengthy,” the airline said in a statement, adding that this directive does not affect the return ...
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22 March
Dewa urges public to save natural resources
Dubai / WAM On World Water Day, the Dubai Electricity and Water Authority (Dewa), urged the public to conserve natural resources to ensure sustainability for current and future generations. The theme of this year’s day, ‘Water and Climate Change’, seeks to raise awareness about the importance of using water efficiently and limiting greenhouse gases that cause global warming and climate ...
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22 March
Etisalat launches ‘business Edge’
Dubai / Emirates Business Etisalat on Sunday announced the launch of ‘Business Edge’, a comprehensive platform offering a wide range of services and solutions that cater to Small and Medium Business (SMB) customers. Collaboration and communication from Business Edge enables SMBs to connect to customers in a secure and scalable way, allowing employees and customers to talk, video-conference and share ...
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22 March
UAE is most well-equipped nation for smart learning
Dubai / WAM As schools and universities across the country started the first day of distance learning on Sunday, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, said, “Schools are closed, but education will never stop. The UAE is the most well-equipped nation for smart learning.” Attending a virtual ...
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22 March
Ministry rolls out distance learning system in UAE
ABU DHABI / WAM The Ministry of Education on Sunday launched the distance learning system for students in all Emirati schools and higher education institutions. The system will be in place for a period of two weeks. Hussain bin Ibrahim Al Hammadi, Minister of Education, stressed that significant efforts have been exerted by education professionals to create a technical academic ...
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